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Ocean bottom seismic company Seabed Geosolutions said Monday it had secured a contract for a baseline 4D ocean bottom node (OBN) survey as well as a future 4D monitor OBN survey in Brazil for Petrobras, both covering the Sapinhoa Shared Reservoir in the Santos Basin. The baseline survey will use Eidesvik Offshore's Subsea Viking vessel,... Continue Reading →
(Reuters) - As Brazil's state-controlled Petrobras PETR4.SA rapidly boosts oil output and exports, executives are looking to a new market: India. In an interview as part of the Reuters Commodity Trading Summit, Chief Executive Roberto Castello Branco said that crude sales to China - an increasingly vital export market for Brazilian oil - would continue to rise... Continue Reading →
(Reuters) - Petrobras is expected to receive binding proposals on December 10 for its refinery in Rio Grande do Sul, Refap, from the Indian conglomerate Essar Group and local companies Raízen and Ultrapar Participações among potential stakeholders , said people involved in the negotiations. All three companies were pre-qualified for the binding phase of the... Continue Reading →
Offshore accommodation specialist Prosafe has won a contract extension with Brazil's Petrobras for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil. The original three years and 222-day firm period were due to complete in July 2020, but the extension will result in operations through to mid-November 2021, Oslo-listed... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the releases disclosed on 07/24/2020 and 07/28/2020, informs that it has concluded today the sale of its entire stake in the Baúna field (BM-S-40 concession area), located in shallow waters in the Santos Basin, to Karoon Petróleo & Gás Ltda (Karoon), a subsidiary of Karoon Energy Ltd.... Continue Reading →
- Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3), informs its shareholders and the market in general that it has signed binding documents with Gas Bridge SA (“Gas Bridge”), concerning the sale of the 10% interest held by the Company in the Manati Field ("Field" or “Manati”). Total transaction value is R$ 144.4 million and includes... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has readjusted, on 11/01/2020, the sales prices of natural gas for distributors for the contracts started in January 2020. The adjustments occurred according to parameters negotiated in contractual formulas, due to variations in Brent oil prices and the Real/Dollar exchange rate in the last quarter. The readjustment... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on August 7, 2020, informs the beginning of the binding phase regarding the sale of its entire stake in the fields in shallow waters of Tuna, Curimã, Espada and Xaréu (Ceará Cluster), located in the state of Ceará. Potential buyers qualified for this phase... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of all of its stakes in a set of twenty-eight onshore production field concessions, with integrated facilities, located in the Recôncavo and Tucano Basins, in different municipalities of the state of Bahia, jointly called the Bahia... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, reinforcing the growing importance of the transition to low carbon in the company, informs the creation of the Climate Change Executive Management, which will be responsible for leading actions related to carbon management, reduction of air emissions, energy efficiency and climate change. The new structure will be linked to Mr.... Continue Reading →
